PEPE recorded a net exchange outflow of 4.54 trillion tokens in a single day, the largest daily outflow since November 14, 2024. Fewer tokens on exchanges mean less immediate selling pressure. The token currently has 571,613 wallet addresses holding it, ranking among Ethereum’s largest meme coins by holder count. Canary Capital filed a Form S-1 with the SEC in April to launch a spot ETF on PEPE. Crypto analyst Rafaela Rigo projected a price target near $0.0000143, representing a potential gain of about 400% from the current level of $0.0000028.
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